What if the great 'what if' moments of recent British history had turned out differently? Ed Balls and George Osborne dive into the political sliding doors that could have rewritten the last three decades. They debate whether Margaret Thatcher would have won the 1992 election if she hadn't been ousted, and how her legacy would have been transformed.

Ed gives a behind-the-scenes account of the Blair-Brown transition and the so-called 'Curry House Plot', considering how Labour would have handled the 2008 financial crisis with Tony Blair still in No. 10. Then, the pair explore the huge question of whether Britain joining the Euro would have prevented Brexit, or simply led to a catastrophic economic crash.

Plus, George reveals why he jumped for joy when Ed Miliband beat his brother David for the Labour leadership, and they discuss whether the result of that contest sealed Labour's fate in 2015.

To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet:

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Please note: Kitchen Cabinet is only available via Patreon.

Credits:

Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Maha Albadrawi 

Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

Hosted on Acast. See acast.com/privacy for more information.

Political Currency’s summer specials continue! This week, while Ed Balls is away, George Osborne is joined by one of Labour's longest-serving and most compelling figures, Dame Emily Thornberry.

Thornberry takes George inside the Corbyn-era shadow cabinet and explores the tantalising 'what if' of 2017: what would a Prime Minister Corbyn really have been like, and how would the British state have coped?

From her unique vantage point as a senior backbencher, Thornberry offers a frank assessment of the new government's first year. She argues for more confidence and a clearer plan to tackle the problems Starmer’s cabinet inherited, warning against being "buffeted about” by criticism. Throughout, she reflects on two decades in Parliament and why, despite rebellions and disappointments, she remains “Labour through and through”.

Plus, Ed and George reunite to explain the brutal art of a government’s first reshuffle. As Westminster braces for Sir Keir Starmer's first major shake-up, they reveal what it's really like to be hired, fired, and moved sideways by a Prime Minister.

To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet:

👉 patreon.com/politicalcurrency

👉 Apple Podcasts

Please note: Kitchen Cabinet is only available via Patreon.

Credits:

Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Maha Albadrawi 

Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

Hosted on Acast. See acast.com/privacy for more information.

What are the essential skills for a life in politics? In an age of TikTok soundbites, can a single speech in Parliament still change minds and topple a government? Ed Balls and George Osborne dive into the art of political craft, taking questions on the real-world impact of parliamentary debates, the secrets to managing a ministerial diary, and the constant balancing act between cabinet duties and constituency work.

They discuss historic interventions that shaped the nation, from Edward Heath’s decisive speech on capital punishment to the Cromwellian phrase, “In the name of God, go,” which was famously used against Neville Chamberlain and Boris Johnson. They also share personal anecdotes about their first days as MPs, the importance of punctuality in a crisis, and the surprising truth about the bottled water in the Chancellor’s office.

Plus, find out which cabinet job is surprisingly one of the "easier ones" to manage and what really happens in the MPs' exclusive tea room.

To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet:

👉 patreon.com/politicalcurrency

👉 Apple Podcasts

Please note: Kitchen Cabinet is only available via Patreon.

Credits:

Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Maha Albadrawi

Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

Hosted on Acast. See acast.com/privacy for more information.

What is it really like to go from nine years in the political wilderness to running one of the most challenging departments in government? For Wes Streeting, Labour's Secretary of State for Health, it's a challenge he has been visibly relishing this past year, after a long, frustrating period fighting from the opposition benches.

With Ed Balls away interrailing, Streeting joins George Osborne to give him a candid inside look at Labour's first year in power, revealing what Keir Starmer is really like as a leader, the secret orders he gives his cabinet, and his ambitious plan to reform the NHS by shifting power to patients and focusing on prevention. Plus, he explains why he believes Nigel Farage and Reform UK are now the "real opposition" to the government.

Plus, Ed and George reunite to pull back the curtain on a subject of endless obsession for politicians and the press: ministerial cars. The pair explain why a minister's driver knows more about them than their own family, how drivers' gossip can make or break a career, and share hilarious and shocking stories involving heavy petting, a disastrous escape from a prime ministerial motorcade, and fish and chips with Gordon Brown. They also offer some crucial advice for any aspiring minister on how not to behave in the back of a Jag…

To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet:

👉 patreon.com/politicalcurrency

👉 Apple Podcasts

Please note: Kitchen Cabinet is only available via Patreon.

Credits:

Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Maha Albadrawi

Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

Hosted on Acast. See acast.com/privacy for more information.

Why do the concerns of young people barely register in political debate? Ed Balls and George Osborne take questions on the widening gap between the careers young people dream of and the jobs actually available, and why debt, unaffordable housing and the loss of defined benefit pensions leave the next generation feeling shortchanged.

They discuss whether the government should take more responsibility for opening up opportunities and how early aspirations are shaped by who you know and what you see.

Plus, they debate if Britain should rejoin Erasmus+, which politicians will still be remembered in 100 years, and what the future holds for our rivers and seas in the face of sewage pollution and hosepipe bans.

To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet:

👉 patreon.com/politicalcurrency

👉 Apple Podcasts

Please note: Kitchen Cabinet is only available via Patreon.

Credits:

Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editors: Maha Albadrawi

Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

Hosted on Acast. See acast.com/privacy for more information.

While George Osborne is away “stirring the pot” (this time with JD Vance),Ed Balls is joined by author and columnist Sarah Vine for a powerfully candid conversation about her explosive memoir, How Not to Be a Political Wife.

Sarah gives the unfiltered story of her marriage and divorce from Michael Gove, revealing how the "toxic culture" of Westminster shattered friendships with the Camerons, took a toll on her mental health, and why she considered Dominic Cummings the true "third person" in her marriage.

Plus, Ed and George pull back the curtain on one of Westminster’s most mysterious institutions: the Whips' Office. Forget the myths of blackmailers and dark arts; the pair explain what whips really do, what the "usual channels" are, and share the incredible theory of how one fateful appointment in 2014 may have inadvertently changed the course of British history and led to Brexit.

To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet:

👉 patreon.com/politicalcurrency

👉 Apple Podcasts

Please note: Kitchen Cabinet is only available via Patreon.

Credits:

Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Maha Albadrawi 

Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

Hosted on Acast. See acast.com/privacy for more information.

Why haven’t Ed Balls or George Osborne written political memoirs? Broadcaster Iain Dale puts the question to them, asking what’s stopping them, what they’d reveal if they did, and whether political history is incomplete without their accounts.

And another listener digs into a moment of political tension between Ed and Tony Blair over the Euro. Did Steve Richards’s book Turning Points get it right, and what was really said in that meeting?

Plus - the political fiction and non-fiction worth reading this summer, and whether George or Ed would ever dare to write a political thriller of their own.

To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet:

👉 patreon.com/politicalcurrency

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Please note: Kitchen Cabinet is only available via Patreon.

Credits:

Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editors: Maha Albadrawi

Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

Hosted on Acast. See acast.com/privacy for more information.

Kwasi Kwarteng reflects on what went wrong.

The former Chancellor joins Ed Balls to talk through the decisions behind the Truss mini-budget - from bypassing the OBR to what he now calls its “real intellectual failing.” He explains why the Bank of England’s intervention “killed the government,” and why he believes his sacking was no coincidence.

Kwarteng also looks ahead, urging the Conservative Party and Kemi Badenoch to focus on unity, and warning Rachel Reeves about the political cost of trying to rein in spending.

Plus, Ed and George turn to political speechwriting. Who writes the big speeches? What makes them stick? And how do you find the right words for someone else? From Trump rallies to Gordon Brown’s “no time for a novice,” the pair give us a peek inside the craft of effective political communication.

To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet:

👉 patreon.com/politicalcurrency

👉 Apple Podcasts

Please note: Kitchen Cabinet is only available via Patreon.

Credits:

Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editors: Maha Albadrawi

Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

Hosted on Acast. See acast.com/privacy for more information.

The future of a two-state solution between Israel and Palestine comes into question this week, as Ed Balls and George Osborne respond to a listener asking whether Israeli public opinion has shifted irreversibly after the October 7th attacks. Is peace still possible, or has that hope died with the victims?

Another listener shares a devastating story about her mother’s death during the junior doctors' strikes, raising serious questions about end-of-life care and what, if anything, Wes Streeting can do to bring doctors back to work. Is palliative care in this country just a postcode lottery?

Plus - a challenge from Emily Thornberry on who kept ministers in check when Ed and George were in power, why successive governments might have gambled away billions in debt costs, and political flights that changed careers and reshaped governments.

To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet:

👉 patreon.com/politicalcurrency

👉 Apple Podcasts

Please note: Kitchen Cabinet is only available via Patreon.

Credits:

Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Oliver Geraghty 

Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

Hosted on Acast. See acast.com/privacy for more information.

The IMF has upgraded its global growth forecast - so things aren’t quite as bleak as we feared. Still bleak, though.

Ed Balls and George Osborne dig into what the numbers mean for Chancellor Rachel Reeves. With spending cuts ruled out and the Autumn Budget on the horizon, the question looms: can the government afford all it has promised? George thinks Reeves is avoiding the tough calls. Ed believes tax rises may be inevitable, unless Labour is willing to flirt with more debt and borrowing.

Meanwhile, Keir Starmer has carefully negotiated an extraordinary weekend with the US President Donald Trump in Scotland, and has gone straight into a pledge to recognise the Palestinian state. What will this mean for the UK-US relationship?

And with former Sun editor David Dinsmore appointed to shake up Downing Street comms, Ed and George reflect on what his appointment signals - and the risks when the people managing the message start making headlines themselves.

To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet:

👉 patreon.com/politicalcurrency

👉 Apple Podcasts

Please note: Kitchen Cabinet is only available via Patreon.

Credits:

Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Oliver Geraghty 

Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

Hosted on Acast. See acast.com/privacy for more information.